In Missouri, the National Biodiesel Board recently elected Ron Marr, Minnesota Soybean Processors as chairman, Jennifer Case, New Leaf Biofuel as vice-Chair, Greg Anderson, Nebraska Soybean Board as treasurer and Kent Engelbrecht, ADM as secretary “America’s advanced biofuel continues to make a significant impact to reduce carbon and support local jobs from Coast to Coast,” said […]
In Germany, the Federal Office for Economic Affairs and Export Control is reporting that german biodiesel consumption is on the decline in 2015. it dropped particularly sharply in September 2015. At around 165,000 tonnes, the use of biodiesel in blends was down around 15 per cent from the same month the previous year. By contrast, demand for […]
In Iowa, lawmakers in the U.S. House and Senate introduced updated legislation this week to reinstate the biodiesel tax credit through 2016 and reform it to more directly benefit the domestic biodiesel industry. The legislation would turn it from a blender’s credit to a producer’s credit starting next year. The Senate version was introduced by […]
In Iowa, The Iowa Department of Agriculture and Land Stewardship (IDALS) has been awarded $5 million to install an estimated 187 blender pumps, through the U.S. Department of Agriculture’s Biofuels Infrastructure Partnership, Iowa fuel retailers can now apply for federal funding, as well as state grants available through Iowa Renewable Fuels Infrastructure Program . ProtecFuel […]
According to EIA data as an analyzed by the Renewable Fuels Association, ethanol production averaged 956,000 barrels per day (b/d)—or 40.15 million gallons daily. That is down 52,000 b/d from the previous week’s record-breaking output rate. The four-week average for ethanol production stood at 980,000 b/d for an annualized rate of 15.02 billion gallons. Stocks […]
The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, lost 0.57 percent to 54.03 as advanced bio and ethanol equities fell. For the day, Biox (BX.T) dumped 12.00 percent to $0.66, while Solazyme (SZYM) dropped 2.72 percent ton$2.86. Among other equities, Green Plains (GPRE) shed 4.26 percent to $22.71. Overall, declines and […]
In Kansas, Abengoa has decided to suspend production at its new cellulosic ethanol plant in Hugoton as well as its corn-based ethanol plant in Colwich as part of the recent financial troubles the company is suffering from that may eventually lead to bankruptcy. The company also plans to shut down its Abengoa Bioenergy headquarters in […]
The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, lost 0.49 percent to 54.61 as large caps tumbled. For the day, Abengoa (ABGB) dumped 21.36 percent to $2.21, while BASF slid 4.80 percent to $72.35. Among other equities, Neste (NTOIF) surged 8.69 percent to $26.26. Overall, declines led advances by a 7 […]
Construction underway. Commercial production in 2016. That’s the word from Green Biologics on its first commercial. Here’s the skinny and the lowdown. In Minnesota, construction is now underway at the Green Biologics bio-based n-butanol and acetone manufacturing facility in Little Falls, MN. The existing manufacturing site, formerly known as The Central MN Ethanol Cooperative (CMEC), […]
The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, shed 1.32 percent to 54.61 as advanced bio slumped. For the day, Abengoa (ABGB) rebounded to $2.81, while Metabolix (MBLX) slid to $1.84. Among other equities, Solazyme (SZYM) dropped down to $3.05. Overall, advances led declines by a 2 to 1 ratio for […]
